Business News Rutgers University | Page 8

Rutgers University

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Admissions and financial aid

U.S. News & World Report considers the New Brunswick-Piscataway campus of Rutgers University to be a "more selective" school in terms of the rigour of its admissions processes. 56% of undergraduate applicants are accepted. In comparison, 62% of applicants to nearby Pennsylvania State University (for the University Park campus) and 47% of applicants to the University of Delaware are accepted. Average scores for the Scholastic Aptitude Test (SAT) scores of enrolling students at Rutgers range from 530–630 on the critical reading section, 560–670 for the mathematics section, and 530-640 for the writing section. Admitted applicants to nearby Pennsylvania State University average scores between from

530–640 on the verbal section and 570–680 on the math section; the University of Delaware's student body averages between 550–640 verbal and 560–660 math.

As a state university, Rutgers charges two separate rates for tuition and fees depending on whether an enrolled student is a resident of the State of New Jersey (in-state) or not (out-of-state). The Office of Institutional Research and Academic Planning estimates that costs in-state student of attending Rutgers would amount to $18,899 for an undergraduate living on-campus and $22,395 for a graduate student. For an out-of-state student, the costs rise to $26,497 and $27,476 respectively.

Undergraduate students at Rutgers, through a combination of federal (50%), state (22%), university (22%), and private (6%) scholarship, loans, and grants, received $291,956,597 of financial aid in the 2004–2005 academic year. Of 37,429 undergraduate students at Rutgers, 30,398 (or 81.2%) receive financial aid. During the same period, 73.2%, or 9,604 graduate students out of a population of 13,124, received assistance in the total of $121,269,211 in financial aid sourced chiefly from federal (33%) and university (65%) funds.

Faculty

For the August 2005 to May 2006 academic year. Rutgers University had 2,261 full-time and part-time academic faculty members. Among Rutgers notable former professors are John Ciardi, George Hammell Cook, Michael Curtis, Ralph Ellison, Paul Fussell, Robert Trivers, Francis Fergusson, Ruth Bader Ginsburg, Mason W.

The University of Newark was established in 1935 in Newark, New Jersey and later merged with Rutgers University in 1946.